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February 26, 2026 CPUC Voting Meeting Preview: IRP 6,000 MW Order; Closure on Winter Gas Price Investigation

The CPUC's February 26 voting meeting is set to include significant decisions in the Integrated Resource Planning docket and the Natural Gas Price Spike investigation.

  • A proposed decision in the IRP orders 2,000 MW of Net Qualifying Capacity by 2030, and an additional 4,000 MW by 2032, with no more than half of each tranche met by storage.
  • A PD in the Price Spike investigation treats the winter 2022–2023 gas price spike as a system-level stress event rather than a failure of utility conduct.

The remainder of the agenda includes actions related to the Electric Program Investment Charge (EPIC), PG&E's Vehicle-to-Everything Microgrid Pilot at the Redwood Coast Airport Microgrid, and two SDG&E mid-term reliability contracts resulting from the company's Tranche 3 solicitation, authorizing 92 MW of standalone battery storage projects.


INTEGRATED RESOURCE PLANNING

A proposed decision requires California load-serving entities to procure additional clean reliability resources to address forecasted system needs in the 2029–2032 period.

The PD orders 2,000 MW of NQC online by June 1, 2030, and an additional 4,000 MW by June 1, 2032, with no more than half of each tranche met by storage. The PD also transmits updated base and sensitivity portfolios to the CAISO for use in its 2026–2027 Transmission Planning Process.

The procurement finding is based on updated Integrated Energy Policy Report load forecasts, reliability modeling using SERVM, and the risk of delayed long-lead-time resources. Eligible resources must follow the Mid-Term Reliability framework and be new, non-GHG-emitting and/or RPS-eligible, with limited credit for repowering only to the extent of incremental capacity added.

The PD does not impose a separate energy-procurement mandate, relying instead on ELCC-based capacity requirements and existing RPS and Resource Adequacy programs.

  • An accompanying attachment allocates the 6,000 MW NQC obligation across investor-owned utilities, Community Choice Aggregators, and aggregated Electric Service Providers based on adjusted 2026 load shares (see table below).
  • The largest shares fall on PG&E and SCE bundled service, followed by major CCAs such as Clean Power Alliance, East Bay Community Energy, and San Diego Community Power. ESP obligations are shown only in aggregate and will be conveyed confidentially to individual providers within two weeks of the decision's adoption.
CRI Procurement Table Preview

R.25-06-019 · Proposed Decision · Attachment A

Procurement Obligations by Load Serving Entity

Net Qualifying Capacity targets for 2030 and 2032 compliance years

6,000 Total MW NQC
31 LSEs
177K GWh 2026 Load
Load Serving Entity Type 2026 Load (GWh) Adj. Share 2030 MW NQC 2032 MW NQC Total MW NQC
Pacific Gas and Electric (bundled) IOU 5,144 347 694 1,041
PG&E Direct Access (aggregated)* ESP 11,393 82 164 245
Clean Power San Francisco CCA 3,394 34 68 103
East Bay Community Energy CCA 9,432 95 190 285
King City Community Power CCA 36 0.4 1 1
Marin Clean Energy CCA 5,966 60 120 180
Central Coast Community Energy CCA 5,791 58 117 175
Peninsula Clean Energy Authority CCA 3,831 39 77 116
Pioneer Community Energy CCA 1,793 18 36 54
Redwood Coast Energy Authority CCA 634 6 13 19
San Jose Clean Energy CCA 4,543 46 91 137
Silicon Valley Clean Energy CCA 4,132 42 83 125
Sonoma Clean Power Authority CCA 2,236 23 45 68
Valley Clean Energy Alliance CCA 724 7 15 22
Southern California Edison (bundled) IOU 51,858 716 1,431 2,147
SCE Direct Access (aggregated)* ESP 12,003 86 172 259
Apple Valley Choice Energy CCA 250 3 5 8
City of Pomona CCA 431 4 9 13
Clean Power Alliance of Southern California CCA 11,166 112 225 337
Desert Community Energy CCA 369 4 7 11
Lancaster Clean Energy CCA 618 6 12 19
Orange County Power Authority CCA 2,275 23 46 69
Energy for Palmdale's Independent Choice CCA 497 5 10 15
Pico Rivera Innovative Municipal Energy CCA 218 2 4 7
Rancho Mirage Energy Authority CCA 286 3 6 9
San Jacinto Power CCA 172 2 3 5
Santa Barbara Clean Energy CCA 347 3 7 10
San Diego Gas & Electric (bundled) IOU 2,658 37 73 110
SDG&E Direct Access (aggregated)* ESP 3,942 28 57 85
Clean Energy Alliance CCA 2,492 25 50 75
San Diego Community Power CCA 8,340 84 168 252
Total — All LSEs 176,972 2,000 4,000 6,000
KEY IOU Investor-Owned Utility CCA Community Choice Aggregator ESP Electric Service Provider

INSTANT ANALYSIS: On resource eligibility, the PD excludes fossil resources, limits repowering to incremental capacity only, and permits energy-only resources solely when co-located with fully deliverable storage. The 50% storage cap is the central policy choice: it constrains over-reliance on storage and indirectly drives additional energy procurement without reopening the Renewables Portfolio Standard or imposing a separate energy mandate.

Why the PD matters for CRI readers: it establishes the next reliability obligation after Mid-Term Reliability, shapes procurement behavior through 2032, and feeds directly into the CAISO's transmission approvals with cost-recovery implications. The PD also creates a narrow window for projects to secure remaining federal incentives, increasing near-term procurement pressure even as the Reliable and Clean Power Procurement Program remains under development.


NATURAL GAS PRICE SPIKE INVESTIGATION

proposed decision in I.23-03-008 finds that the winter 2022–2023 natural gas price spike resulted from a convergence of adverse market conditions, not misconduct by regulated utilities or storage providers.

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